Adaptive Re-Use or New Development Opportunity!
Also listed as Vacant Land, Office
|Catylist Listing ID:
Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
|Building Size (RSF):
|Gross Land Area:
|Property Use Type:
||Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
||Cash to Seller
Overview / Comments
Perfect for demo and new build OR adaptive re-use! And at a great price!
This property contains 0.734 acres of commercial zoned land and is currently improved with a commercial/ shell building containing 6,201 square feet. The structure can be revitalized to support a higher commercial, retail use or other potential use, with excess land to the south for possible expansion. Or, the existing structure can easily be demolished to accomodate a new development! There is an income producing billboard onsite too!
The property has an excellent location along Preston Highway, supporting approximately 21,000 cars per day, per 2017 KIPDA counts. The location is central to Audubon with close proximity to the University of Louisville, Schnitzelburg, Germantown and the Highlands. The area is seeing new development in retail, boutique style stores, restaurants and bars, multi-family, office and other commercial type land uses. The area is thriving and growing to support the nearby University of Louisville and Bellarmine University student body. Interstate 65 and Interstate 264 access is less than 1-mile away. Other supporting land uses in the area include Churchill Downs, Louisville International Airport, Louisville Zoo, Kentucky Exposition Center, and Kentucky Kingdom. Additionally, the Louisville CBD is just 4-miles to the north.
Attachments & Media
||C-1 - Commercial District
|Feet of Frontage:
||Interstate 65 and Interstate 264 are less than 1-mile away
||Level, at road grade
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